All of the money we paid in is gone. It was given to others. Any money that we will receive (assuming there is any) will come from the paychecks of our children and grandchildren. Our government has turned us all into thieves, and we let it happen. Everyone knew this was a Ponzi scheme that could not last, but each generation of retirees wanted “their” Social Security.
So, here we are. Boomers are the losers in this pyramid scheme and nothing can make more money magically appear to pay us.
“All of the money we paid in is gone. It was given to others. Any money that we will receive (assuming there is any) will come from the paychecks of our children and grandchildren. Our government has turned us all into thieves, and we let it happen. Everyone knew this was a Ponzi scheme that could not last, but each generation of retirees wanted “their” Social Security.
So, here we are. Boomers are the losers in this pyramid scheme and nothing can make more money magically appear to pay us.”
The money was stolen starting with LBJ and put into the general fund/rat hole for things like the great society and IOU’s are in it’s place